Lawyers Title Market Report

Apache Junction, AZ

Single-Family Homes

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Apache Junction, AZ

Wed Nov 13 2019
This week the median list price for Apache Junction, AZ is $284,365 with the market action index hovering around 51. This is less than last month's market action index of 54. Inventory has held steady at or around 96. Click here to stay informed with the Apache Junction market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Apache Junction, AZ

Wed Nov 13 2019
This week the median list price for Apache Junction, AZ is $284,365 with the market action index hovering around 51. This is less than last month's market action index of 54. Inventory has held steady at or around 96. Click here to stay informed with the Apache Junction market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Apache Junction market.
Median List Price $284,365
Per Square Foot $169
Days on Market 99
Price Decreased 29%
Price Increased 9%
Relisted 1%
Inventory 96
Median House Rent $850
Most Expensive $925,000
Least Expensive $94,900
Market Action Index
Strong Seller's Market
51

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$549,500 2,766 1 - 2.5 acres 4 3 15 1 0 164
$369,750 1,928 1 - 2.5 acres 3 2 13 1 3 158
$249,900 1,666 0 - 4,500 sqft 3 2 14 7 2 29
$211,999 1,247 0 - 4,500 sqft 2 2 37 6 2 43